‘Turnaround Tuesday’? Don’t Forget Black Tuesday

If the Dow closes up today, it will be the 19th Tuesday in a row on which the index has risen, my colleague Steve Russolillo and Zero Hedge note this morning.

The belief that stocks do better on the second day of the trading week already has a nickname, Turnaround Tuesday, and has caught the attention of lexicographer Barry Popik, who observes that the term was appropriated - as only Wall Street could do without scruple – from the civil-rights movement.